Global Mofy Metaverse Forges Partnership for Integration

BEIJING, March 25, 2024 (GLOBE NEWSWIRE) — Global Mofy Metaverse Limited (the “Company” or “Global Mofy Metaverse”) (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, today announced the initiation of discussions for a three-way strategic cooperation. The discussions involved a senior professor from a prestigious medical university in Beijing and his director team of the affiliated hospital, along with the Metaverse Committee of the Beijing Big Data Association. The goal is to integrate Metaverse and AI technologies with traditional Chinese and Western healing methods to explore new possibilities for researchers, healthcare practitioners, and patients in preventive healthcare and various treatments.

The initial meeting outlined a strategic approach focused on developing a training and education system using virtual reality. This includes creating virtual interactive platforms for hands-on training, utilizing data analytics for enhanced learning experiences, and introducing a virtual professor role for online training facilitation. These initiatives aim to revolutionize educational methodologies in healthcare, in line with the forward-thinking vision of the partnership.

Mr. Haogang Yang, CEO of Global Mofy Metaverse, expressed enthusiasm about the collaboration with the eminent expert in the medical field. He highlighted the potential for leveraging the Company’s investments and expertise in developing successful Metaverse and AI technologies to revolutionize the healthcare sector. The integration of AI is expected to transform various aspects of healthcare, including research, data analysis, predictive modeling, diagnostics, accuracy enhancement, and cost reduction. Collaborating with a strong partner is seen as an opportunity to advance product development and maintain a competitive edge.

The Company envisions a future where data analysis, modeling, and the use of AI-generated 3D digital assets and synthetic videos enhance healthcare practices. The integration of Metaverse and AI technologies is expected to become commonplace in the healthcare industry, providing more efficient and cost-effective solutions with higher efficacy to benefit both patients and providers. The Company is committed to driving innovation and long-term growth in this space.

About Global Mofy Metaverse Limited

Global Mofy Metaverse Limited (Nasdaq: GMM) is a technology solutions provider specializing in virtual content production and the development of digital assets for the digital entertainment industry. The Company utilizes its proprietary “Mofy Lab” technology platform, combining interactive 3D and artificial intelligence (“AI”) technology to create high-definition virtual versions of physical world objects for a variety of applications. Global Mofy Metaverse is a leading digital asset bank in China, housing more than 30,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.cn/ or ir.globalmofy.cn.

Forward-Looking Statement

This press release contains forward-looking statements regarding the Company’s plans, objectives, and strategies. The Company recognizes the potential risks and uncertainties involved with forward-looking statements, such as market conditions and the completion of certain offerings. Investors are advised to consider these factors when reviewing the Company’s statements. The Company does not undertake to revise forward-looking statements based on future events or circumstances.

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